Overview
- Formula 1 said the agreement was reached with the Portuguese government, Turismo de Portugal and local promoter Parkalgar.
- The Algarve race takes the calendar place vacated when Zandvoort’s deal ends after 2026, with organizers stating it is not part of Spa’s new biennial rotation.
- Financial terms were not released in the announcement.
- Portimão last hosted grands prix in 2020 and 2021 during pandemic reshuffles, with both races won by Lewis Hamilton.
- The decision comes as F1 manages a 24-race calendar, with Madrid joining in 2026, Barcelona out of contract after 2026, and a Thailand event discussed as a potential future addition.